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three in israel. the u.n. warns netanyahu to avoid a new cycle of blood shed. and president obama throwing down a challenge to congress as he gets set to begin critical budget talks on friday. >>> i want to bring you the italian gdp figures. italy is just the latest p second quarter figures were revised higher to 0.7 contraction from 0.8. third quarter gdp looks like it's fallen 0.2% on the quarter. that's better than was expected. it was expected to fall by about half a%. it is down 2.4% on the year. we'll get the rest of the eurozone figures out at the top of the next hour. >>> also coming up, we'll be live in beijing with updates throughout the show as xi jinping it takes over as the head of the communist party. we'll be in frankfurt for a look at how that economy has been affected. gdp showing a slowdown for germany in the third quarter. and we'll hear from the former head of the council of economic advisers austan goolsbee on how the u.s. can avoid falling off the fiscal cliff. plus we'll take you live to tokyo with japan hit by election fever. the yen is falling as a repeate
week high as international pressure mounts for a cease-fire in gaza. u.n. secretary general ban ki-moon is heading to cairo for emergency negotiations. good morning, welcome to the program packed full of fantastic guests to give you you updates and analysis on where we are in trade. if europe, higher by 0.8%. coming off the 3 1/2 month low that we saw in the close on friday, helped along by optimism on the negotiations to avoid a fiscal cliff state side. we saw quite a rally in the u.s. on friday's close and that is feeding through to europe here this morning. ftse 100 higher by 09%, xetra dax by more than 1% and ibex 35 more than half a percentage point. the bond markets, the question is whether or not we'll see a lid on on bond prices on treasuries especially if we manage to overt a fiscal cliff scenario, if we see productive talks continuing. right now we're seeing the yield on on the ten year bund just a little bit higher. we're seeing a bit of buying taking place in the spanish and italian debt market on the ten year and a little bit of selling on on the gilt. the currency mar
the agency threw a lifeline, if you will, to embattled obama u.n. ambassador susan rice, corroborating ambassador rice's account of what she knew and when she knew it, even though we know now that what she was told and what she repeated was wrong about benghazi. libya remains highly political, partisan and even personal. libya's become a battle between president obama and republican senator ginnie mae who insisted again today the administration knew quickly that al qaeda had attacked. >> and for the president of the united states for two weeks afterwards to deny that that was the case is either a cover-up or it is incompetence. >> reporter: obama u.n. ambassador susan rice denied it, infuriating republicans. mike morrell on the hill today briefed some lawmakers on libya. one, a democrat said the account backed rice, that u.s. intelligence did give her the incorrect account that she passed on. >> this was a spontaneous protest that evolved into something militant, that was the best information they said they had at the time. >> reporter: there had been earlier attacks in benghazi, a war
organizations here in washington, the word al qaeda got changed to "extremists." and when the points got to u.n. ambassador susan rice, she made no mention of al qaeda or extremists when she went on nbc's "meet the press" five days after the attack. rice did tout the anti-terrorist accomplishments of president obama. pet rae ugs denies any political pressure on the cia to scrub al qaeda from its talking points. new york republican peter king said today, "we need to find out who did the scrubbing and why." larry, back to you. >> many thanks, steve handelsman, appreciate it. so why has general petraeus done a 180 on benghazi? this is a very serious issue. first he blames the attack on a video. now he's saying it was a terrorist attack and the briefing notes were changed. something doesn't add up. here now is michael rubin, resident scholar at the american enterprise institute, and alexis levinson, reporter at the daily quarter. michael, i'll go to you first. peter king himself today, i guess i'll quote this, he said that the testimony petraeus gave today, that they knew immediately it was a terro
the center of negotiations, really. the u.n. secretary-general is also in the region. so we seem to have the power players of the diplomatic world in the region, trying to come together with some terms to stop this violence. but violence continues, even though it seemed like we're so close to a cease fire, the finer details are being worked out, the violence continues in gaza. overnight, israeli defense forces attacked again about 100 targets in the gaza strip. today, the militants within the gaza strip have launched about 30 rockets into israel, so the violence continues, even though we seem to be getting more and more people involved in making a cease fire come to a conclusion and end this violence as we begin this second week of this conflict. ross? >> thank you for that. we'll talk to you a little bit later. chapman bell from tel aviv. >>> officials from six world powers are meeting in brussels to plan for a possible new round of talks with iran to avert the threat of a military conflict. also, japan's trade deficit has widened, exacerbated by territorial tensions. now we have the de
. and the u.s. treasury says the u.n. is still undervalued but stopped short of labeling china a currency manipulator. it says china has allowed the u.n. to appreciate 20% since 2010. >>> a new report suggests the u.s. treasury has fewer tools available to stave off a default that it did in 2011. if congress fails to increase the debt ceiling by year end. the bipartisan policy center says the u.s. will hit the $16.4 trillion limit in the last week of december with big payments due -- get this -- on new year's eve. >>> there's still time to scrounge up $2 if you're in the u.s. and go buy a power ball lottery ticket. the jackpot for tonight's drawing, which will take place at 10:59 p.m. eastern, is a record $500 million. it swelled in the past few days. earlier, the megamillions lottery hit a previous record jackpot of $656 million. the power ball is played across 42 u.s. states and the odds of winning it all are one in 175 million. now, if only that could help us solve the fiscal cliff and our debt ceiling issues, then it would really be something. e-mail us your thoughts. and if you're bu
between the palestinian factions and israel. turkish prime minister also in cairo and later today the u.n. secreta secretary-general ban ki-moon is expected to try to solidify a cessation of hostilities. the conflict is ongoing. hospital officials tell nbc news they are operating at a very limited capacity, they are afraid a ground invasion may push the health facilities here to the brink of collapse. >> thank you, we appreciate that report. eamon moyhedin. we'll have more on the tensions in the middle east throughout the morning. let's get back to this discussion that we were having and i'll make what i was trying to, what my case was, steve and jere jeremy, and even countries that deserve austerity it's easier said than done because people will immediately say you've just made it worse and you took a recession and turned it into almost a depression, so it's almost like people want you to extend the, you know, the credit card, give your wayward teenage son an additional $50,000 on the credit card and everything will be okay to avoid that. they're seeing it happening in spain. in spain th
egypt is meeting with other key players in the region. including the prime minister of turkey, u.n. secretary general moon as well as the prime minister. intense negotiations to avert a ground war in the coming day. >> entire world watching. thank you very much. >>> when we come back, one analyst says the recent sell-off in apple is insanely insane. he is going to rationally explain why next. later, what do beer, bicycle and vegan ice cream have in common? lot more than you might think. we will explain why it is all about investing in this country. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories
Search Results 0 to 7 of about 8